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Street View

$301,000

NAL Estimated Property Value

110 Mcelroy Street, Southmayd, TX, 76268

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size17,860 sqft

Land Information

APNY004 6152012 02
SubdivisionMaeyer Addn
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionMAEYER ADDN, ACRES .41, UNDIVIDED INTEREST 50.0000000000%
Census Tract001101
Assessed Land Value$21,968
Assessed Improvement Value$95,733
Assessment Year2025

About this property

Wow! For under $100K you can build your dream home here. This lot presents boundless of potential, ideally situated in a family- friendly community. The rectangular shape ensures maximum utilization of space, perfect for designing a dream home without compromising on a spacious yard for recreation. Conveniently located near schools, fire station, and city hall. Also, near the future North Dallas Tollway expansion and future Texas Instruments construction. Come and build your Dream home here now before the city expands.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$0Estimated Mortgage Balance
$301,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$877
$117,701
2025
$21,968
$95,733
$117,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$877
$117,701

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$301,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Southmayd

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110 Mcelroy Street | Property Details | No Agent List